Overdose: The Next Financial Crisis

Overdose: The Next Financial Crisis presents a stark warning about the potential for another global economic meltdown. It traces the origins of past financial crises and draws unsettling parallels to current economic conditions. It highlights how governments and central banks have responded to previous downturns by lowering interest rates and injecting massive amounts of money into struggling financial systems.

The film features interviews with experts who accurately predicted earlier economic collapses but were largely ignored at the time. These include Nobel laureate Vernon Smith and former US Comptroller General David Walker. Their insights shed light on the recurring patterns and systemic issues that lead to financial bubbles and subsequent crashes.

A key focus of the documentary is how attempts to solve economic problems often involve the same flawed approaches that caused crises in the first place. It examines specific cases like Greece and Iceland, where economic turmoil has already taken hold, as well as the United States, which faces its own looming debt crisis. The film argues that many countries are at risk of financial collapse due to unsustainable levels of debt and misguided economic policies.

Through a combination of expert interviews, archival footage, and informative graphics, the documentary paints a comprehensive picture of the global economic landscape. It explores complex financial concepts in an accessible manner, helping to clarify the interconnected nature of the world’s economies and the potential for localized problems to trigger widespread financial contagion.